The first seven years of RXTE monitoring of Seyfert 1 active galactic nuclei have been systematically analyzed to yield five homogenous samples of 2-12 keV light curves, probing hard X-ray variability on successively longer durations from approx. 1 day to approx. 3.5 years. 2-10 keV variability on time scales of approx. 1 day, as probed by ASCA, are included. All sources exhibit stronger X-ray variability towards longer time scales, with variability amplitudes saturating at the longest time scales, but the increase is greater for relatively higher luminosity sources. The well-documented anticorrelation between variability amplitude and luminosity is confirmed on all time scales. However, anticorrelations between variability amplitude and black hole mass estimate are evident on only the shortest time scales probed. The data are consistent with the models of power spectral density (PSD) movement described in Markowitz et al. (2003) and McHardy et al. (2004), whereby Seyfert 1 galaxies variability can be described by a single, universal PSD shape whose cutoff frequency scales with black hole mass. The best-fitting scaling relations between variability time scale, black hole mass and X-ray luminosity support an average accretion rate of 2% of the Eddington limit for the sample. Nearly all sources exhibit stronger variability in the relatively soft 2-4 keV band compared to the 7-12 keV band on all time scales. Color-flux diagrams support also Seyfert 1s' softening as they brighten. There are indications that relatively less luminous or less massive sources exhibit a greater degree of spectral variability for a given increase in overall flux.